eCheck

What is eCheck?

An eCheck is a digital version of a traditional paper check that uses the Automated Clearing House (ACH) network to move funds. It allows a merchant to withdraw funds directly from a customer’s bank account with their electronic authorization.

eChecks are commonly used for high-value transactions, recurring bills, and B2B payments. They offer a lower-cost alternative to credit cards, though they take longer to clear and settle.

Why It Matters

• Provides a cost-effective way to process large or recurring payments

• Reduces the need for physical check handling and manual data entry

• Offers a reliable alternative for customers who do not use credit cards

• Supports secure, bank-to-bank transfers for business transactions